With congested highways and overflowing GO station parking lots, Brampton commuters are looking for more ways to save time. One way to do that is to find some prime real estate near a GO station, but what will that cost you in Brampton?
A handy map released by real estate brokerage Zoocasa shows how much it costs, on average, to purchase real estate within 2 kilometres of 66 GO train stations across the Greater Toronto and Hamilton Area.
If you’re looking for real estate close to one of Brampton’s GO stations, it’s going to set you back somewhere in the ballpark of $550,000 to $700,000.
Your cheapest option is Bramalea GO at $584,262, but you won’t find much residential real estate in that area since its mostly industrial.
Real estate near Brampton GO comes in on average at $664,528. In that area, you’ll have a bigger pool of options, including condos, townhouses and regular homes. The priciest is Mount Pleasant GO at $707,442. It’s also the longest commute to and from Toronto at 55 minutes.
If Brampton doesn’t fit your budget, there are cheaper options in other more far-flung areas outside Toronto.
Houses around West Harbour Station near Hamilton are the cheapest, at an average price of $365,927 but it comes with a transit commute of 71 minutes. Kitchener Station is next cheapest with a long 111-minute commute and homes priced at $403,907.
On the other end of the spectrum, home prices go well into the millions. King City, which is 43 minutes away from Union Station by GO transit has an average home price of $1,595,656. Meanwhile, Port Credit Station takes second place with average home prices around $1,361,029. It comes with a speedy commute of just 25 minutes.
Check out the full report here.